Author: driver789

Hours after US President Donald Trump claimed that Iran and the United States had agreed to a two-week ceasefire that included opening the Strait of Hormuz, Iranian authorities are reportedly considering charging ships using the waterway in cryptocurrency.According to a Wednesday Financial Times report, a spokesperson for Iran’s Oil, Gas and Petrochemical Products Exporters’ Union said empty oil tankers will be able to pass through the Strait of Hormuz without incurring charges, but certain ships will need to pay a tariff of $1 per barrel of oil in Bitcoin (BTC).The spokesperson, Hamid Hosseini, reportedly said Iranian authorities would also assess…

South Korea’s ruling Democratic Party proposed a “Digital Asset Basic Act” Wednesday that would establish a legal framework for digital assets, including issuance, trading, custody and supervision.“Digital assets are emerging as a core medium connecting the real economy and financial markets,” the proposal states. It defines value-linked digital assets, including those tied to fiat currencies or real-world assets, as a category requiring issuer authorization, refund reserves and redemption obligations.The new proposal comes amid stalled Digital Asset Basic Act negotiations since early this year when regulators clashed over who should be allowed to issue won-pegged stablecoins. The Bank of Korea insisted…

Crypto’s push for instant settlement is creating a capital inefficiency problem, forcing trading firms to fund every transaction in full and raising concerns about how the market can scale as volumes grow.In practice, that usually means that firms cannot offset what they owe against what they are owed, forcing them to move more capital than necessary to settle trades.Ethan Buchman, founder of Cycles Protocol and a co-founder of Cosmos, says crypto markets are “asset-brained.” He argues it treats the financial system like a global stock market where value is constantly moved and swapped.“But that misses the whole other side of…

XRP is trading around a critical price level. The market is showing signs of life — driven by reports of potential US-Iran negotiations that have lifted risk sentiment across financial markets. But the derivatives data on Binance is telling a more cautious story about what those signs are actually worth. Related Reading A CryptoQuant report tracking XRP’s leverage structure has identified an asymmetry that cuts directly against the bullish surface reading. Over the past 30 days, long position liquidations on Binance reached approximately $39.8 million — more than double the $19.7 million in short position liquidations recorded over the same…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

The federal government’s own economists at the White House have thrown cold water on one of the central justifications for restricting stablecoin returns — and their findings run counter to a provision already written into law. The GENIUS Act, signed in July 2025, established the first comprehensive federal framework for stablecoins. The law requires issuers to hold reserves on a one-to-one basis — meaning every dollar in circulation is backed by a real dollar in safe assets like Treasury bills, cash, or money-market funds. It also contains a blunt prohibition: issuers cannot pay holders any form of yield or interest…

South Korea’s financial regulator said it will tighten the exception rules under crypto exchanges’ withdrawal-delay system after finding that scam-linked accounts granted exemptions accounted for most voice-phishing-related losses. The Financial Services Commission (FSC) said Wednesday that the strengthened framework, developed with the Financial Supervisory Service (FSS) and the Digital Asset eXchange Alliance (DAXA), will impose unified standards on when users can bypass withdrawal delays. The regulator said exchanges had been applying their own exception criteria with no clear minimum standard, creating loopholes that let bad actors quickly move funds if they meet easy requirements such as account age or trading history. From June…

Bitcoin BTC$71,689.42 may have recently looked choppy under $70,000, but a ton of BTC was traded then, in a sign of strong dip demand. That’s evident from blockchain data, which shows the total amount of BTC that last moved on-chain in the $60,000-$70,000 range now stands at 1,845,766 BTC, up from 1,001,491 BTC on Jan. 1, according to data source Glassnode. This increase of 844,275 BTC indicates that some market participants aggressively bought the dip below $70,000. More importantly, that 1.84 million BTC figure accounts for about 9.23% of bitcoin’s circulating supply. It means valuations below $70,000 could act as…

UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, Banque Cantonale Vaudoise and Swiss Stablecoin AG have launched a sandbox to test use cases for a Swiss franc stablecoin in Switzerland.Announced on Wednesday, the initiative will allow participating banks to test selected fanc stablecoin use cases in what the partners described as a secure digital live environment or sandbox. The group said the project is intended to build experience in handling digital payment methods.The sandbox will be conducted in 2026, with Swiss Stablecoin AG providing the issuance infrastructure. The project is also open to other banks, companies and institutions that want to take…

Binance is introducing a new rule to stop user orders from being executed at “abnormal prices” during extreme market conditions. A New Measure To Protect The Market, Binance Says The largest crypto centralized exchange announced today the release of the Spot Price Range Execution Rule (PRER) on spot markets starting April 14, 2026, rolling it out gradually across pairs. According to the announcement, the new feature will allow orders execution only within a dynamic price range. Binance will now keep every spot pair inside a moving fair‑value corridor built around a reference price derived from recent trades. As that reference…